FBD Holdings plc

FBD Insurance plc

Trading Update

13^th February 2024

FBD Holdings plc ("FBD") is today issuing a trading update for the year ended 31 December 2023 ahead of the publication of its Full Year results on 8 March 2024.

2023 Financial Highlights

2023 Full Year financial performance is expected to be ahead of market expectations with profit before tax expected to be approximately ?80m, as a result of favourable underwriting performance, arising from positive prior year development.

Preparation of the Full Year 2023 results is on-going and subject to our usual audit and corporate governance processes.

Full details of FBD's 2023 financial results will be released on 8 March 2024.

Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the "Market Abuse Regulation") requires disclosure of inside information relating to the FBD Holdings plc and FBD Insurance Plc. This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation and is disclosed in accordance with Article 17 of the Market Abuse Regulation.

About FBD Holdings plc

FBD is one of Ireland's largest property and casualty insurers, looking after the insurance needs of farmers, consumers and business owners. Established in the 1960s by farmers for farmers, FBD has built on those roots in agriculture to become a leading general insurer serving the needs of its direct agricultural, small business and consumer customers throughout Ireland. It has a network of 34 branches nationwide.

The following details relate to FBD's ordinary shares of ?0.60 each which are publicly traded:

FBD Holdings plc, FBD House, Bluebell, Dublin 12
Registered in Dublin, Ireland Registered Number 135882